Prologis price target raised to $135 from $128 at Argus

Group 1 - The firm Argus raised the price target on Prologis (PLD) to $135 from $128 while maintaining a Buy rating on the shares [1] - Recent momentum in Prologis shares is attributed to sector rotation and an improving industry outlook [1] - The analyst believes that the fundamentals can sustain this momentum moving forward [1]